Price Chart

Key Stats

Customize
Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
2.49% -11.86% 223.93M 31184.67
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
4.47% 35.26% -- Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide high current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. The Fund seeks to achieve its investment objectives primarily through investments in fixed-income debt securities (including obligations of foreign governments), dividend-paying stocks (emphasising public utilities stocks), and securities of precious metals and natural resources companies.
General
Security Type Closed-End Fund
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Allocation
Category Name Tactical Allocation
Category Index Morningstar Mod Agg Tgt Risk TR USD
Prospectus Objective Balanced
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
ICE BofA US High Yield TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Christopher Molumphy 32.62 yrs

Net Fund Flows Versus Category

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: --
-2.687B Category Low
834.44M Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
Date Unavailable

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of May 07, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2014
2015
2016
2017
2018
2019
2020
YTD
9.19%
-13.19%
24.72%
13.25%
-6.19%
29.17%
1.27%
7.02%
13.69%
1.38%
11.96%
21.83%
-4.38%
31.49%
18.40%
13.25%
16.55%
-5.63%
13.39%
18.30%
-8.96%
33.96%
-1.03%
9.92%
6.55%
0.80%
0.40%
22.36%
-16.15%
22.25%
7.77%
19.79%
24.29%
-7.85%
28.54%
24.62%
-23.85%
52.38%
-12.51%
19.27%
9.75%
-9.92%
-3.25%
34.84%
-15.36%
28.22%
32.77%
19.64%
As of May 07, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (5-7-21) 4.47%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 22.05
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 6.03%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of November 30, 2020

Fund Details

Key Dates
Inception Date 9/23/1988
Last Annual Report Date 8/31/2020
Last Prospectus Date 6/1/1988
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Asset Allocation

As of November 30, 2020.
Type % Net % Long % Short
Cash 2.67% Upgrade Upgrade
Stock 40.68% Upgrade Upgrade
Bond 83.68% Upgrade Upgrade
Convertible 1.97% Upgrade Upgrade
Preferred 0.76% Upgrade Upgrade
Other -29.77% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
NextEra Energy Inc 4.15% 74.53 0.70%
Sempra Energy 2.70% 137.82 0.89%
CMS Energy Corp 2.60% 63.99 -0.68%
American Electric Power Co Inc 2.59% 87.19 -1.06%
Dominion Energy Inc 2.48% 78.45 -0.04%
Franklin IFT Money Market 2.19% 1.00 0.00%
Evergy Inc 2.08% 63.82 0.19%
Duke Energy Corp 2.01% 100.86 0.32%
Alliant Energy Corp 1.98% 56.74 0.30%
Xcel Energy Inc 1.90% 71.32 -0.32%

Basic Info

Investment Strategy
The Fund seeks to provide high current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. The Fund seeks to achieve its investment objectives primarily through investments in fixed-income debt securities (including obligations of foreign governments), dividend-paying stocks (emphasising public utilities stocks), and securities of precious metals and natural resources companies.
General
Security Type Closed-End Fund
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Allocation
Category Name Tactical Allocation
Category Index Morningstar Mod Agg Tgt Risk TR USD
Prospectus Objective Balanced
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
ICE BofA US High Yield TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Christopher Molumphy 32.62 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (5-7-21) 4.47%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 22.05
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 6.03%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of November 30, 2020

Fund Details

Key Dates
Inception Date 9/23/1988
Last Annual Report Date 8/31/2020
Last Prospectus Date 6/1/1988
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No